Clear Title Agency of Arizona

Gold Canyon, AZ 85118

Single-Family Homes

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Gold Canyon, AZ 85118

Fri Jan 21 2022
This week the median list price for Gold Canyon, AZ 85118 is $545,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has decreased to 53. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Gold Canyon, AZ 85118

Fri Jan 21 2022
This week the median list price for Gold Canyon, AZ 85118 is $545,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has decreased to 53. Click here to stay informed with the Gold Canyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Gold Canyon market.
Median List Price $545,000
Median Price of New Listings $485,500
Per Square Foot $298
Average Days on Market 89
Median Days on Market 35
Price Decreased 26%
Price Increased 2%
Relisted 0%
Inventory 53
Median Rent $3,000
Market Action 49
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,449,500 4,310 0.5 - 1 acre 4 4 14 0 0 210
$750,000 3,247 8,000 - 10,000 sqft 4 3 15 1 1 56
$529,900 1,913 6,500 - 8,000 sqft 3 2 21 4 1 35
$414,500 1,500 4,500 - 6,500 sqft 3 2 20 7 6 3